Arcanum Ventures is Investing in Analog

Arcanum Ventures is pleased to announce our latest strategic investment in Analog, a novel ‘Proof-of-Time’ Layer-0 blockchain focused on interoperability. The network seeks to connect all blockchain ecosystems in a faster and more secure manner.

What is Analog?

Analog is a groundbreaking project aimed at addressing blockchain interoperability and scalability challenges. It introduces a unique solution, called the “Timechain,” which aims to combine ‘money and time’ to address long-standing issues with existing networks. Analog is built using a Rust-based blockchain hosting validator called Time Nodes and Chronicle Nodes while utilizing a Proof-of-Time consensus mechanism. 

Analog’s unique approach allows different networks to communicate and operate seamlessly with one another, enhancing the overall efficiency and connectivity of the blockchain ecosystem. 

Analog’s building blocks for a vibrant, interoperable ecosystem will:

• Leverage cutting-edge technology to improve blockchain interactions
• Reduce common barriers faced by traditional and digital asset markets
• Focus on creating a more fluid and scalable blockchain infrastructure

Analog is poised to transform how these different networks interact, making it a pivotal development in the industry. Arcanum Ventures firmly believes that the blockchain sector is desperately lacking a viable solution for interoperability, liquidity fragmentation, and secure connections between various ecosystems.

Why is Arcanum Ventures Investing in Analog?

One of the most common questions the Arcanum Ventures hears when speaking with portfolio investment companies and startup advisory clients is “Which blockchain should we build on?”

Arcanum Ventures firmly believes that in order for blockchain startups to reach their full potential, security in cross-network protocols must be addressed. While there has been remarkable progress in this area over the last several years, no single solution has managed to address these critical issues. 

Many interoperability networks and protocols resulted in exploits, like the Wormhole hack that resulted in $325 million in liquidity losses. Arcanum Ventures is confident the Analog network will offer greater security and simplicity in protocol design through its innovative technology.

With Analog’s suite of products, such as Timechain, Analog Watch, General Message Passing (GMP), and Timegraph SDK, Arcanum Ventures is confident that blockchain now has an innovative arsenal of tools to bring our industry into the future.

Arcanum Ventures’ founding partner, Carmelo Giuliano, had this to say about the recent investment into Analog:

“We were ecstatic to get the chance to invest in Analog, as interoperability infrastructure and Layer-0 tech is high on our list of investment priorities at Arcanum Ventures. We remain confident in Analog’s approach and vision for the future, and believe it to be our best hope as an industry leader to build a more connected and efficient blockchain ecosystem for all.”

 

About Analog 

Analog is dedicated to advancing omni-chain interoperability in the blockchain space. A novel Layer-0 blockchain for event data in Web3 powered by its own Proof-of-Time consensus mechanism, the platform’s suite of protocols is designed to streamline access to information and facilitate seamless cross-chain communication.

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